Film 7 Raising Fund to Bypass Studios

Here’s something we’ll be keeping an eye on: The Film 7 fund, a collaboration among five Hollywood producers and two Silicon Valley executives that will finance films without the help of studios. We just got pitched on a Palo Alto meet-and-greet this weekend that will feature the actors Jim Carrey and Jenny McCarthy.

“The plan is to bring in financing from individual investors outside of Hollywood — Silicon Valley, New York, etc. are big target areas — and to produce approx. 25 moderately budgeted, studio-quality feature films over a five year period”

We’ll keep you posted.

Evading the studios with the help of money and/or expertise from the tech industry is the new hotness. (See also our stories on Virtual Artists, Jackson Bites, Blowtorch Entertainment, and 60Frames.)

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